Ashland County Community Foundation

Organization Overview

Ashland County Community Foundation is located in Ashland, OH. The organization was established in 1996. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Ashland County Community Foundation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ashland County Community Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Ashland County Community Foundation generated $7.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.4% each year . All expenses for the organization totaled $2.6m during the year ending 06/2021. While expenses have increased by 7.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Ashland County Community Foundation has awarded 276 individual grants totaling $8,147,081. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PUBLIC CHARITY MAKING GRANTS FOR CHARITABLE PURPOSES. GRANTS ARE MADE FROM ENDOWMENT FUNDS ESTABLISHED BY MANY DONORS. ENCOURAGE PHILANTHROPY AND ENHANCE QUALITY OF LIFE IN ASHLAND COUNTY. SUPPORT CHARITABLE ACTIVITIES THROUGH GRANT PROGRAMS. MANAGE ALL TYPES OF DONOR AND RECIPIENT PROGRAMS. FACILITATE COMMUNITY COLLABORATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROVIDE A MEANS FOR PEOPLE TO MAKE GIFTS OF ASSETS TO ENHANCE THE QUALITY OF LIFE IN ASHLAND COUNTY, BOTH TODAY AND IN THE FUTURE.


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Board, Officers & Key Employees

Name (title)Compensation
James M Cutright
President/ce
$142,947
Kristin Aspin
Chief Progrm
$59,914
Brittaney Reep
Chief Finan
$51,742
Anne K Cowen
Secretary
$0
Dr Lucille G Ford
President Em
$0
Charles A Holdren
Vice Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$3,814,422
Noncash contributions included in lines 1a–1f $1,077,855
Total Revenue from Contributions, Gifts, Grants & Similar$3,814,422
Total Program Service Revenue$0
Investment income $3,333,659
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,250,143

Grants Awarded

Over the last fiscal year, Ashland County Community Foundation has awarded $1,555,078 in support to 44 organizations.

Grant RecipientAmount

OHIO BIRD SANCTUARY

Org PageRecipient Profile

Mansfield, OH

PURPOSE: SUPPORTING ORG GRANT

$250,000

THE SALVATION ARMY

Org PageRecipient Profile

West Nyack, NY

PURPOSE: ANNUAL DISTRIBUTION

$235,173

CITY OF ASHLAND

PURPOSE: ANNUAL DISTRIBUTION

$151,038

RAEMELTON THERAPEUTIC EQUESTRIAN C

Org PageRecipient Profile

Mansfield, OH

PURPOSE: SUPPORTING ORGANIZAT

$100,098

ASHLAND FAMILY YMCA

Org PageRecipient Profile

Ashland, OH

PURPOSE: ANNUAL DISTRIBUTION

$93,414

THE GROUND TRUTH PROJECTREPORT FORAMERICA

Org PageRecipient Profile

Boston, MA

PURPOSE: STRATEGIC GRANT

$54,668
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 9 grants that Ashland County Community Foundation has recieved totaling $429,858.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: PUBLIC, SOCIETAL BENEFIT

$256,250
Cleveland Foundation

Cleveland, OH

PURPOSE: ADMINISTRATIVE FEES AND RE-GRANTING TO SUPPORT ASHLAND ORGANIZATIONS

$137,027
American Online Giving Foundation Inc

Newark, DE

PURPOSE: GENERAL SUPPORT

$10,000
Columbia Pipeline Group Charitable Foundation

Houston, TX

PURPOSE: NO CHILD GOES HUNGRY

$10,000
Norma June Foundation

Ashland, OH

PURPOSE: GENERAL SUPPORT

$8,995
Stark Community Foundation Inc

Canton, OH

PURPOSE: SCHOLARSHIP SUPPORT

$6,799
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$36,735,480
Earnings$12,666,905
Net Contributions$2,609,813
Other Expense$446,917
Grants$1,457,454
Ending Balance$50,107,827

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